The term GST is quite common among everyone but are you guys aware of what is GSTR 1? GSTR 1 is the monthly statement which includes debit notes, credit notes, details of invoices basically all the outward invoices generated in a particular month which includes details about the outward supply such as sales. GSTR 1 return forms must be recorded by a GST enrolled taxable person with details of the outward supplies of goods and services.
GSTR 1 return filing due date is on 10th of every month. Later the taxpayer may not be allowed to complete GSTR 1 return filing. Your GSTR 1 for the month of January needs to be filed by 10th of February.
Input service distributor, Non - resident taxable person, Person paying tax under section 10 - Person opting for Composition Levy, Person required to deduct tax at source - person paying tax under section 51, Person required to collect tax at source - person paying tax under section 52 should file GSTR 1.
You might have understood the meaning and importance of GSTR 1 filing, now let us understand how to file GSTR 1.
Following mentioned is a step by step procedure for filing GSTR 1:
Visit the GST portal.
Select the “Services” section
In the drop-down click on Returns Dashboard
As soon as you select Returns Dashboard, you will be landed on Return filing page. Here you need to mention the financial year and month for which you have to do the filing. And click on search.
The portal needs a confirmation, where you need to select an online or offline process to step ahead.
When you will click on Prepare Online, you will be landed on “Details of outward supplies of goods or services. You need to fill all your details here.
After filling the details you have to Generate GSTR 1 summary. Submit the details.
In the next step, you need to enter the relevant details in various tiles, such as:
GSTR 1 Invoice details
• 4A, 4B, 4C, 6B, 6C - B2B Invoices - To add an invoice for taxable outwards supplies to a registered person.
• 5A, 5B - B2C (Large) Invoices: To add an invoice for taxable outwards supplies to a consumer, where the place of supply is
other than the State where the supplier is located (Inter-state supplies) and invoice value is more than Rs. 2.5 lakh
• 9B - Credit / Debit Notes (Registered): To add details of credit or debit notes issued to the registered recipients
• 9B - Credit / Debit Notes (Unregistered): To add details of the credit, debit notes or refund voucher issued to the unregistered
• 6A - Exports Invoices: To add an invoice for supplies exported
GSTR-1 – Other Details
• 7- B2C Others: To add consolidated details of taxable outwards supplies to a customer where invoice value is less than Rs.
2.5 lakh and all intrastate supplies to unregistered customers
• 8A, 8B, 8C, 8D - Nil Rated Supplies: Nil Rated Supplies: To add consolidated details of nil rated, exempted and Non-GST
• 11A(1), 11A(2) - Tax Liability (Advances Received): Tax Liability (Advances Received): To add details of transactions
attracting tax liability arising on account of Time of Supply (like receipt of advances)
• 11B(1), 11B(2) - Adjustment of Advances: To add the advance amount received in earlier tax period and adjusted against
the supplies being shown in this tax period.
• 12 - HSN-wise-summary of outward supplies: To furnish the summarized details of all outward supplies HSN and rate
wise along with quantitative details.
• 13 - Documents Issued: To add the details of documents issued during the tax period
As soon as you submit every detail you can preview GSTR - 1.
Acknowledge and submit the data
It is mandatory for every taxpayer to file GST before the due date. The GSTR 1 due date is based on the annual turnover. The taxpayer whose annual turnover is below 1.5 crores needs to file the GST quarterly and the one whose annual turnover exceeds 1.5 crores need to file GST monthly.
Following are the mentioned GSTR 1 due dates of the year 2018 - 2019
GSTR 1 Due Date
April 2018 - June 2018
31st July 2018
July 2018 - September 2018
31st October 2018
October 2018 - December 2018
31st January 2019
January 2018 - March 2019
30th April 2019
If the annual turnover is above rupees 1.5 crores then the due dates are as follows:
GSTR 1 Due Date
10th July 2018
11th August 2018
11th September 2018
11th October 2018
Note: GST Council may change the dates of return filing which will be reflected on the GST portal
Every taxpayer needs to file GSTR 1, even if there are any transactions or not. The one who should file GSTR 1 are E- comerce operators, Registered Taxpayers, Input Service distributors, Non - Resident dealers, Composition dealers, Taxpayer who are liable to get TCS.
The GSTR 1 late fee is rupees 100 per day and it is liable for per Act. The maximum amount is 5000 rupees. The late fees of rupees 100 are only for SGST, CGST, this is not for IGST.
For late filing of GSTR-1 after the due date is Rs. 50 per day of delay is GST penalty for late filing.
For NIL returns the late fees is 20 rupees per day as GSTR 1 penalty.
Following are the steps for using GSTR 1 Excel Format and click below for GSTR 1 form download.
Download GSTR 1 files for uploading in GSTR 1 format
Export data from your accounting software & create excel files
Fill data in Standard Excel Templates